BTC/USD chart - Trading View
Exchange - Coinbase
Technical Analysis: Bias Bearish
GMMA Indicator: Major Trend - Bullish; Minor Trend - Turning bearish
Overbought/ Oversold Index: Neutral, Oscillators biased lower
Volatility: High, Shrinking
Support: 8318 (21-EMA); Resistance: 8650 (5-DMA)
BTC/USD extends weakness below 8600, intraday bias has turned bearish.
The pair was trading 1.25% lower on the day at 8554 at around 04:55 GMT, after closing 0.71% lower in the previous session.
Price action is on track to retrace back into slopping channel pattern and is eyeing 21-EMA support at 8318.
Stochs, RSI and 5-DMA are biased lower. MACD is on verge of bearish crossover on signal line.
Breach at 21-EMA support will add further bearish pressure, Dip till 55-EMA at 7993 then likely.
On the flipside, 5-DMA is immediate resistance at 8650. Break above 200-DMA (8988) required for upside continuation.


AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: EUR/AUD downward momentum remains in place
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 



